Da

Da is a citizen from a rural area located in Kampong Thom Province. She is 54 years old and also one of the breadwinners in her family that consists of seven children. A daughter of hers is studying at university. Da grows rice on two hectares of her farmland as her main source of income while her husband works for others to earn extra income. She has been engaged in the business for 30 years. Da has been with Kiva’s partner, VisionFund, for seven cycles with a complete repayment history. The previous loan helped her to keep her child in school. Now, she is applying for a loan in order to cover the entire tuition fee for her daughter's schooling. Da hopes that this loan will enable her daughter to graduate from university and thus help her to obtain a higher education background so that she can get a good job after graduation.

Additional Information

More information about this loan

This loan is part of VisionFund Cambodia’s higher education program, designed to provide financing to students in poor households who otherwise lack the financial support to continue their studies. Very few students have the financial resources necessary to go to college. VisionFund Cambodia has designed a lower-interest rate loan product for students, given the financial benefits associated with financing this loan upfront on Kiva. It is disbursed to the borrower in annual installments.

About VisionFund Cambodia

VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.

Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.